The Good Of Condominiums
Other than houses, condominiums have also become a very popular type of housing in the Philippines
. Part of what made these types of housing popular is because of its benefits that other housing types cannot provide. So what is a condominium? And what are the things that made it popular in the Philippines?Condominium
Condominium is a type of multi-unit dwelling in which each unit is privately owned while the rest of the condominium such as hallways, elevators, stairs, and recreational facilities are jointly owned by all the owners. Condominiums are also closely related to apartments in terms of physical appearance. The difference, however, is with its ownership in which apartments are rented while condominium units are individually owned.
Advantages of owning a condo unit
There are a number of things that made condominiums popular. One is its luxurious and stylish exterior and interior designs, while the other is its benefits. Apart from its luxurious living space, condominiums are also known for its luxury in terms of accessibility to major business districts as well as commercial areas.
Most condominiums of today are found in business districts, such as the many towering makati condo, which allows Filipinos to quickly get to their work without having to suffer rush hour. There is also the advantage of being close to popular commercial areas. There is also the advantage of cost.
Although most condominiums today may cost more than the cost of houses, the benefits are usually worth it. Other than the many makati condo, there are also condominiums found near these cities which are usually more affordable. These types are commonly near mass transit areas which allows Filipinos to quickly get to their work, although rush hour may still be a problem.
Other than in these locations, as well as the many makati condo, there are also other condominiums found far from the noise of the city to a more relaxing and quiet location. These types of condominiums are known as condominium complexes. Similar to townhouse complexes, these types of condominiums are known for their amenities, such as swimming pools, gyms, spas, and many other recreational areas.
Other advantages
Other than the luxury of location, condominiums are also known for its advantage in terms of maintainability as well as security. Condominiums usually have their own maintenance personnel that takes charge of maintaining the livability of their condominiums. Security is also a popular feature of many condominiums.
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by: Deirdre Gonzales